Published 2 years ago

The dollar recorded more losses after the US inflation data

Summary by Reuters

LONDON - The dollar recorded further losses against other major currencies on Thursday after traders reduced their bets that the Federal Reserve (US Central Bank) will raise interest rates strongly after weaker than expected US inflation data the previous day. The dollar index, which measures the performance of the greenback against a currency basket, remained low in the early hours of European trading after recording greater

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Reuters

The dollar recorded more losses after the US inflation data

2 years ago·United Kingdom

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The Epoch Times

Dollar Slides Further After US Inflation Surprise

LONDON—The dollar lost further ground versus other major currencies on Thursday, after traders reined in bets on an aggressive interest rate hike by the Federal Reserve after softer-than-expected U.S. inflation data the previous day. The dollar index remained on the back foot in European trading hours, slipping 0.2 percent to 105.000, after recording its biggest daily fall in five months, of 1 percent, the previous day. Data on Wednesday showed …

2 years ago·New York, United States

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OAN

Dollar slides further after U.S. inflation surprise

By Iain Withers LONDON (Reuters) – The dollar lost further ground versus other major currencies on Thursday, after traders reined in bets on an aggressive...

2 years ago·San Diego, United States

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Svenska Dagbladet

Lower-than-expected inflation forecast

Inflation expectations come in at 4.6 percent, according to a new report from Kantar Prospera. It's lower than expected.

2 years ago·Stockholm, Sweden

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ARY News

Dollar slides further after US inflation surprise

The dollar lost further ground versus other major currencies on Thursday, after traders reined in bets on an aggressive interest rate hike by the Federal

2 years ago·Pakistan

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